João

João comes from Homoine, province of Inhambane. He's 58 years old and married. He has six children, all of whom attend school, and he supports his mother-in-law who lives with him.
He has worked for I.F.P. (a teacher training institute) for over 12 years and earns an income which he uses to pay for household expenses. With this loan he intends to purchase construction supplies such as zinc sheets, beams and cement. This is his 7th loan with Hluvuku, and the previous loans were used for the same purpose.
In the future he intends to acquire some plots of land for farming. He also intends to finish building his house in order to provide comfort for his family.

Additional Information

More information about this loan

This is loan is part of Hluvuku’s effort to empower youth in Mozambique. With maximum repayment terms of 24 months, and maximum loan amounts of $12,000, this product is designed to helps borrowers purchase vehicles to transport goods across the South Africa/Mozambique border. By using the vehicle as collateral, Hluvuku hopes to encourage more young entrepreneurs to apply, as they will need fewer guarantees. By funding this loan, you are helping a youth in Mozambique to generate an income for themselves and their families.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.